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Retail inflation since Dec 2020 higher than govt figures: SBI


Retail inflation since Dec 2020 higher than govt figures: SBI
SBI recommended urgent fuel price cut through tax rationalisation, otherwise consumers non discretionary spending will continue to get distorted and impart an upward bias in inflation
BusinessToday.In | May 17, 2021 | Updated 18:22 IST
A report by SBI Research has claimed that the Consumer Price Index (CPI) computed inflation since December last year is higher than the figures reported by government s Central Statistics Organisation (CSO).
The research desk said that it re-estimated the CPI inflation since April 2020 by using monthly credit card spends of SBI credit cards of a sufficiently large sample of customers . The exercise was carried out in the backdrop of apprehensions that CSO s inflation numbers for April 2021 were based on approximation at best , and to account for changing behavioural habits at all levels. ....

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Retail inflation rises to 5.52% in March from 5.03% in Feb


Retail inflation rises to 5.52% as food prices soar
Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February, government data showed
BusinessToday.In | April 12, 2021 | Updated 18:25 IST
Retail inflation rises again
Retail inflation, calculated on the basis of Consumer Price Index (CPI), increased to 5.52 per cent in March, up from 5.03 per cent recorded in February, showed government data released on Monday. Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February.
Vegetable prices declined 4.83 per cent, while cereal and products and sugar and confectionery segments saw prices fall 0.69 and 0.53 per cent, respectively. This, however, was not enough to moderate the price rise in overall food basket. ....

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Retail inflation rises to 5.52% as food prices soar


Retail inflation rises to 5.52% as food prices soar
Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February, government data showed
BusinessToday.In | April 12, 2021 | Updated 18:25 IST
Retail inflation rises again
Retail inflation, calculated on the basis of Consumer Price Index (CPI), increased to 5.52 per cent in March, up from 5.03 per cent recorded in February, showed government data released on Monday. Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February.
Vegetable prices declined 4.83 per cent, while cereal and products and sugar and confectionery segments saw prices fall 0.69 and 0.53 per cent, respectively. This, however, was not enough to moderate the price rise in overall food basket. ....

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Retail inflation rises to 5.03% in Feb as food, fuel prices soar


Retail inflation rises to 5.03% in Feb as food, fuel prices soar
Inflation in food basket, measured by Consumer Food Price Index (CFPI), increased to 3.87 per cent last month, as compared to 1.96 per cent in January, government data showed
BusinessToday.In | March 12, 2021 | Updated 18:51 IST
Retail Inflation moved upwards after cooling down for past two months
After cooling off for two months, retail inflation inched up once again in February. As food and fuel prices rose during the month under review, consumer price inflation, calculated on the basis of Consumer Price Index (CPI), rose to 5.03 per cent, showed data released by Ministry of Statistics and Programme Implementation on Friday. Retail inflation in January stood at 4.06 per cent. ....

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